HB 4798

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Income Tax-Llc

Abstract

Amends the Illinois Income Tax Act. Provides that a Personal Property Tax Replacement Income Tax in an additional amount equal to 7.5% of its net income shall be imposed on limited liability companies. Deletes language that exempts investment partnerships from a Personal Property Tax Replacement Income Tax.

Bill Sponsors (1)

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Jan 08, 2019

House

Session Sine Die

Apr 25, 2018

House

Added Co-Sponsor Rep. Will Guzzardi

Feb 14, 2018

House

First Reading

House

Referred to Rules Committee

Feb 13, 2018

House

Filed with the Clerk by Rep. Emanuel Chris Welch

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